there are people who will say that he saved the newspaper industry and london because of the whopping revolution in one thousand nine hundred six but now it's clear that success came with a heavy price tag morality murdoch's journalist kept to ratings high by violating and exploiting the vulnerable they hacked the private voice mails of families of dead soldiers and of murdered children a century we've seen criminality and invasion of privacy on a staggering industrial scale not even the rich and powerful could escape then chancellor gordon brown's baby was splashed over the front page of the sun his illness a sick headline royal family phones were hacked the scandal even goes right to the heart of the police force senior police officers were bribed by journalists for tipoffs on sensitive investigations private lives were made public and now we've got. some hacking into gordon brown's private life you

have to so you have to stop what else is in of course is the heart of it is not just. what we call blanket these are people. information what should be private sources like medical records tax records it's taken thirty years for the worst fears about the british press to come true but come true they have murdoch may own successful newspapers in an ailing market but their papers which have lost their greatest asset the public's trust the u.k. has more c.c.t.v. cameras per person than anywhere else in the world i've counted eight just in this small car park so britain's always know big brother is watching but the question now is what's big brother watching for and more importantly who's trying to bribe him lower and it r.t. london. don't forget you can have your say on the scandal are massive. the question

is has ripper burdick sensationalistic rush for profits undermined the public's trust in british journalism here's some of what's being said. one poster believes that this has jolted the public's trust and will result in the break up of murdoch's stranglehold on both the british media and the government and other believes that modern journalism has sacrificed objectivity for the sake of sales but why not have your say on the issue right now at r t v dot com. divers have lifted two more bodies from their watery tomb the sunken pleasure cruiser the bulgaria brings the official death toll from russia's worst ever boating disaster to one hundred seven meanwhile police have made the first arrest detaining the owner of the company that ran down the ship and the person who certified it sea worthy argues dumbarton is at the site for us. the first two arrests have been made in the ongoing criminal investigations the first is in new

york and she has been arrested because she was the owner of the company that rented the gold gari or pleasure boat for its final cruise and it's thought that she may have known about the poor condition of the ship when she made that decision to rent it the second is yaakov if he is a state shifting expert and he cleared the ship fit to sail some time ago and it's thought that he may have been negligent in making that decision they will stay in detention for around a month to be questioned and then the case will go on from there the emergencies ministry here on the volga bank and the divers that are going out to the platform above the sunken belgariad they say their final effort is going to be made now to try and recover the lost bodies. from from the ship and however there may be some complications with that they're hoping to finish sometime later today possibly around midday but they think that they've searched most of the ship now and they

haven't found all of these bodies so if they're not on the ship they may be in the water around the ship a worst case scenario maybe this some of them when the ship sank people may have unfortunately drowned and their bodies being carried by the current to worst estimate up to two hundred kilometers downstream so the search area may have to be increased for them but they're hoping to finish this search so that two special ships that have come up from foreground further down the river can start the operation later on to try and raise the ball guerrier from the bottom of the volga and when they can see the ship up in the open air they can try and work out why the ship sank and why it sank so fast leading to so much tragedy. tom barton reporting there for us and we've got more on russia's worst boating accident on our web site

log on. to watch the food each of the recovery efforts of divers on the volga river there's also an interview with a former captain of the doomed ship who says he was in no condition to sail long before the sinking. but you know if you live from moscow still have for you this hour europe's struggle to keep the euro afloat takes another hit as the world's largest economy wakes up to the reality it's you and dad. and israel's prime minister has to step into fans of an anti boycott bill which aims to support settlers but has been dubbed in a frons to democracy. russia has proposed a new step by step strategy towards iran's nuclear program the idea is just making a limited concessions to the iran of goes along with the demands of the international community the statement comes after talks between the u.s. secretary of state hillary clinton and russia's foreign minister sergey lavrov during his visit to washington but you also touched upon the libyan campaign with

a lover off saying russia has less disagreement on the matter with the u.s. than with some european countries are. just more on their visit. with regards to leave both russia and the u.s. have the view that colonel gadhafi must step down and that leaves should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the means if you will criticizes the scope of the into the foreign intervention in libya the actions of the allied forces forces there as a violation of the u.n. mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want for minister was also asked about why it is blocking a u. and they should have to condemn the syrian president assad he said the attitude of the west is exclusively about exist. and one of the parties namely the syrian government and president all side of moscow sees it as sees it as the wrong

attitude question says it sends the wrong message to the syrian opposition prompting them to believe that if they were main insistent in the situation keeps getting critical the west will come to help them the way it is happening in libya mr lavrov said it's unacceptable that the opposition to resort to violence agitating peaceful protesters into engaging in armed clashes and effectively turning them into targets for the police and security forces take a listen to deploy. diplomacy exists not to condemn and score political points diplomacy exists to solve problems and make it condemnation without proposing any solution to any breakthrough neither in syria nor in any other place is a good example of how we are dealing with the situation in yemen no one's tripos into condemning anyone or adult the u.n. security council resolution supporting one or another sign everyone is. on hold negotiations dance a responsible approach that we hope will prevail. three more about the agreements

reached during syria iraq's visit to washington log on to our website r.t. dot com along with other news videos and blogs here's a taste of what's online right now find out why a body went to the first man in space your garden of will be unveiled right at the very heart of london. and it's a happy ending for an escaped boa constrictor which brought the euro when i was last in russia city of cumming brad. cobb to learn how the two metre long snake slipped away in the first place. the currency crisis gripping has taken a turn for the worse as. a string of ruinous market downturns begins to debate emergency spending cuts at two trillion dollars the world's eighth largest. he has been struggling to remain competitive since joining the euro zone but its debt has spiraled out of control

a fact overlooked by manny amid the more pressing problems in the e.u. it follows a downgrade of violence debts to junk status a serious blow to the eurozone as a bailout gridlock labor's to prop up its weakest economies u.k. and weepy paul the tal told r.t. the latest developments prove the single currency union is simply not working. this was always about politics it was not about economics the idea that you could have a commie in the mediterranean in line with economies like germany fast growing economies like germany was never going to work the only way to get into this mess is for those countries to go back home to the national potencies to give value to the most moving. exports going in at the moment they come because they're just because they couldn't see these are controlled by frankfurt they're controlled by the european central bank they're not controlled by athens or lisbon or even the people out on the streets and i just wonder how long it will be before the people who are also in the streets in rome run in lisbon until this thing is contagious

this thing will move right across the continent specifically in the mediterranean and the bigger issue you know facing the older people you know this is really the third largest economy in the eurozone this place largest economy in the world i think the euro zone can actually cope with greece and portugal the smaller economies if italy goes the whole thing could cave in because if italy goes it's all these economies intertwined with spain and of spain and italy go then we are in serious trouble the euro is inextricably to the whole project and it's going to the european union if the eurozone goes quite frankly you can see this whole thing breaking go that is why they're so desperate to keep it that's why they're so desperate to save it we in the u.k. and. the only way for these countries to survive is to break out of this prison which is the auto zone. the same cry. rating agency that sparked fresh panic in the e.u. has now threatened the u.s. moody's says it's reviewing america's top aaa dad rating for

a downgrade signing the political bickering that's deadlocked budget negotiations in washington well for more on this we're now joined by author investor and the co-founder of the quantum fund jim rogers live from singapore mr rogers thank you very much for being here with us in the program well as we know this is the first time budget talks have sound walls but differences have always been overcome why is muti picking now to review the u.s. training for a new u.s. stream really good question the u.s. rating should have been downgraded years ago you know i don't know why they're just now getting around to it but we know that the rating agencies don't have much of a clue about anything they got everything wrong and so gotten everything wrong for a long time i don't know why they don't understand what's going on. well but then what in delaying on debt payments be more disastrous for both sides and losing our few political points. i am sure that this is they're not going to close down the united states government this is political posturing and nothing more something

will happen they will announce some kind of deal it will look good on paper and maybe they will even be good for six months or so but six months from now a year from no it's going to be the same we're not going to have much progress in the united states is going to continue to go into decline we have that the united states is the largest debtor nation in the world and it's getting worse it's not getting better. well of course and all those negotiations and bickering we've got to remember the man in the street and what impact if any are the negotiations going to have an everyday lives and what does the public make of the political bickering . i don't think is going to have any effect at all in everyday life for anybody and i suspect the public should ignore it i'm ignoring it for the most part because i know it's they're just sitting there yeah doing away to each other and none of us are going to benefit in the end the public should be very worried. because america's situation is dire and our debt is going up and we are declining standard

of living is going to get worse we should be worried about that but the stuff that's going on in washington right now i know you have to report it and i know all the media have to report it but the markets aren't paying too much attention i'm an investor i investments all over the world this has very little that has no effect on the way i invest in the world well let's talk about the options that u.s. has of the moment i mean i either annie options open it for example. if doesn't even have a choice other than to increase the debt ceiling in european but no course they don't they have to increase the debt ceiling for the moment there's no question about that their choice though for the future is they've got to take an x. no they've got to take a chainsaw to government spending and do something about it they're not going to do that they say they're going to say they're going to do it marina but they're not going to do it they might announce they're going to do it for this to get the budget ceiling passed but it's not going to have any effect. well let's imagine situation as america's rating changes and it would certainly re havoc on world

markets what's there to be gained i mean what's the point of this downgrade. you know understates already has been downgraded in the world markets every i'm not the only person who knows that the united states is the largest debtor nation in the history of the world look at the value of the u.s. dollar is down fairly significantly over the past few years by the way you can look at your band your band was downgraded several years ago and japan people still buy you japan government government bonds but japanese currency is that you know a sixty year high or seventy year high people know that your pan is a better place to be than other places don't pay too much attention to the rating agencies they don't have a clue what's going on well you know it seems like moody's is on a downgrading spree there i mean it's made several headlines recently from downgrading portugal and ireland and now to threatening the dollar's very

foundation in your opinion what's driving the company their. mood is trying to save itself why didn't they tell great portugal three years ago five years ago or greece you know they're just getting around to reality it's like the sub prime mortgages they didn't downgrade anybody until it was already over they had many people that were going bankrupt right or to strip away moody's and standard and poor's and these places you know they're paid by their subscriber by the people that they rate so they have a conflict of interest and they're american and so they feel very hesitant to downgrade the united states they're afraid congress will come after them i mean the and they're not playing in never never never land they're not paying and playing in reality everybody in russia everybody in the world knows that the u.s. is not a problem credit anymore you know everybody you know i'm not the only person who knows that we're the largest debtor in the history of the world moody's may be the last to get it or maybe because of political reasons so less to admit it but it's

fact well despite economic turmoil the dollar is still remains the world's reserve currency and as long as washington can print a greenback is dad even a threat to. country i think. that in the near term i actually own the u.s. dollar because it is being beaten down because people are a little bit too pessimistic at the moment but longer term something is going to replace the u.s. dollar more and more countries including russia and china many countries are starting to move south the real american allies are starting to move away from the u.s. dollar everybody sees that washington is not going to solve this problem and more and more people are looking for something to replace the u.s. dollar whether it's going to be a combination of currencies or something else i don't know yet but some people are moving away from the u.s. dollar i know that roy she has said i hope that you two are. years time will tell thanks very much indeed for for this injury and for sharing your thoughts with us

here in the program now is jim rogers author investor co-founder of the quantum fund thank you very much indeed for being with us here in our team. thank you. well it was a turbulent session in the israeli parliament as the prime minister himself had to the fan a new bill outlawing consumer boycotts of products from settlements on occupied palestinian territory the line poses high fines on boycott organizers and allows settlers to sue them for compensation opponents have called it a blow to israeli democracy and freedom of speech one peace movement called gosh this petition to the high court against a new law the bill has pushed in already distant possibility of peace talks with the palestinians even further away that's the view of bassus on a spokes person for the shake jar solidarity movement. obviously this is not only known to democratic rule but it also shows that in a sense in a very deep sense do so if humans are really do. a large part with their

legitimization both in the international community and in the newsroom because that is the only do that is the only reason why you need to sanction. such petition says the. current regime in israel is not interested in promoting a very big peace accord with the palestinians this move is not only another bash in the face of the chances. to reach a peace accord. in a certain sense to a very strong step forward. with the israeli peace is fighting for the advancement of such peace accords. you're watching live from moscow let's now take a look at some other stories from around the world and indian authorities have the clarity state of high alert in cities across the country it follows three coordinated bombings that hit them by killing seventeen people and injuring over one hundred no organization has claimed responsibility for the attack yet however investigators say that it did mastic terrorism group the indian mujahideen my be

involved it's the deadliest terror attack in mumbai since november two thousand and eight one ten gunmen carried out a three day raid killing one hundred sixty six people. gunfire has again wrought pakistan's largest city of karachi as the authorities there strive to contain an al break of violence that's claimed at least ninety three lives in just five days unrest is not uncommon in the port city with a population of eighteen million and as often provoked by ethnic religious or political tension the latest outburst was hard by the decision of the city's most powerful political party to leave the federal ruling coalition and join the opposition. well brings us up to date here in our time for the business news with maytree stay with us. marina's burbank says it's very new to declare war on russia's caste driven society

wants companies and people to switch to electronic payment methods the bank claims the high portion of cash in the ground is holding grove causing the country to lose up to one point one percent of its g.d.p. the bank suggests paying all salaries and pensions into bank accounts instead of handing over ruble bills also wants the government to offer tax incentives one on cash payments. ratings agencies like because that i'm poor's and moody's have become the subject of vicious attacks from politicians across europe agencies claim to give an independent assessment of the credit worthiness of countries but they've been blamed for helping cause the crisis by stirring up the alarm however some analysts suggest this means they're actually doing a good job the ratings agencies quite justifiably came in for a lot of criticism during the global financial crisis they are accused of being overoptimistic they were taking some fairly generous assumptions about its ability to repay there were sometimes overlooking some fairly fatal flaws in some

derivative structures and it's fair to say i think most reasonable people would agree that perhaps the ratings agencies did contribute to the global financial crisis however i think there's been a notable improvement in standards over the course of the last two or three years and the fact that the ratings agencies now are actually getting so much criticism from european finance ministers probably suggest they're doing the job rather well . through to the markets now we start with oil on the bit of a change of picture now after reaching full day highs lights going to continuing to climb it's up twenty four cents at the ninety eight dollars twenty nine now brant is down forty one cents at the moment this is as increased demand from the u.s. is countering speculation of the world's biggest consumer of crude may face a credit downgrade by moody's now the agency put the u.s. under review for rating downgrade as talks to raise its fourteen point three trillion dollars debt limit us have stalled and this is also affecting the stock

markets across the globe let's take a look at asia now markets that ended mixed in the cage down point three percent still on that. rating review by moody's potential way to view and so it was stocks were pressured by the increase in risk aversion pushed the u.s. dollar below the seventy nine per dollar tresh hold exporters were the biggest losers borden tendu dropping more than one half percent to one percent in hong kong the pictures change by the end of trade. actually managed to grow by a notch and this is because financials managed to recover the bank of china actually ending down just one percent news to get to and china's construction bank point eight percent when it was dropping one of the. european markets have just started the trading session and they've started on a negative note still assessing this potential credit downgrade for the united states point six percent the dax point four percent. and finally let's move to

russia the picture there of thirty flat but to negative this is up to two hours of trading markets have come back from stronger falls soon after the opening energy shares are coming back with gazprom and blue poor losing now just to point five percent when they were losing one percent before financials b.c.b. and burbank killed also weak but not so much as they were four point four for percent. burbank and was thoroughly corvus seeing yet another board trial certainly was down more than one percent down two percent. so really even with the uncertainty on the markets because of the capital believes the construction and cement sectors will soon see increased demand i think the most interesting story of late. has been the construction theme first of all so this is the sochi olympics plus the world cup and now we have moscow expanding outside of its earlier bounds that is bullish obviously for the cement industry for developers and for long

products to producers so one of which is obviously. having mentioned here as if they do manage to sell their stake in response mind of a severe go of the cash which would help either a cut their debt or actually pay have to dividend so those are probably the themes there will be watching in these difficult markets and circumstance. business us we will be back next hour with nothing bad.

with the end of the boer war and the going away of the soviet union many people thought that nuclear weapons disappeared from the risk is not zero that something might be going off by mistake especially of nuclear weapons on hair trigger alert. purpose of the difference to use it as a threat all as an extra bit but you know if you keep spinning a trillion dollars a year on weapons of eventually you're going to blow everybody up you've you know people are dying from these weapons but until we actually see if people don't wake up to nuclear weapons or build the new features. that represents all the firepower of the second world war and this second sound is the equivalent

firepower of the world's nuclear arsenal today. download the official anti application to i phone i pod touch from the store. which all teach life on the go. video on demand. omission street with the palm of your. machine.

flying from moscow this is r t the headlines the official death toll from russia's pleasure cruiser disaster rises to one hundred seven people as divers make a final exam to find those still missing while boys arrest the owner of the company that ran it out of the bulgaria the person who certified it sea worthy. and washington it talks between russia's foreign minister and the u.s. secretary of state sergey lavrov proposes a new step by step strategy towards iran that may bring to run back to the negotiating table over its nuclear program. and rupert murdoch's media empire abandons its bid to take over britain's largest satellite broadcaster as a frenzy over newspaper hacking consumes politicians and police.

as hacking attacks go global many are looking for ways to secure their computer systems next r.t. talks to security software mobile is getting a spare ski who shares his views on the acute issue. thank you very much for being with us today so i was just wondering did you or do you personally know someone who is directly personally involved in cyber crime. fortunately in the hall because we are great far from these people that keep our way to a good distance are about are we are there working with police departments and different cultures so we know these are the bad guys from our contacts and police and also from news. fortunately this cyber police force is

globally that they're doing their job better and better your body you're so the a more professional and the i think that i hope they were able to handle the situation so all we see these people from the news are we see these people in the grown internet forums and we see we understand this people from the job they do from their from the crime from a cyber crime which with treason by court which would freeze by the statistics romantic that computers actually were abortion in this world but we are not in touch with the well who are the people when you think about it are there was just some lunatics or is this a well organized criminal society or will in the past there were just do you still need us there cyber windles which made. cyber attacks in the old white house was just for fun.